2039 N Gramercy Place, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 4 bath

2039 N Gramercy Place
Los Angeles, California 90068
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2039 N Gramercy Place Subject | $3,995,000* List Price | 4 | 4 | 3,858 | $1,007 | - |
A 5751 Valley Oak Drive Sold | $4,625,000 | 5 | 5 | 4,185 | $1,105 | 0.2 mi |
B 5637 Park Oak Place Sold | $3,900,000 | 5 | 5 | 3,992 | $977 | 0.6 mi |
C 2459 Park Oak Drive Sold | $5,050,000 | 5 | 6 | 4,700 | $1,074 | 0.5 mi |
D 2311 Vasanta Way Active | $3,950,000 List Price | 4 | 6 | 4,200 | $940 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 1979, presents as an excellent condition due to its recent, high-quality renovations and sophisticated mid-century inspired design. The kitchen features an oversized island, custom storage, and appears to be updated with modern appliances and finishes, though specific appliance brands are not visible. The spa-like primary bathroom boasts a soaking tub with cinematic views and elegant fixtures, indicating a luxurious and well-maintained space. Other features like the sculptural fireplace, statement lighting, hardwood floors, and custom built-ins throughout the home, along with the expansive outdoor entertaining areas and city views, all contribute to its excellent condition. The property shows minimal signs of deferred maintenance and reflects current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic City Views
The property boasts sweeping jetliner views across the city, including stunning vistas from multiple rooms and outdoor entertaining areas, significantly enhancing its desirability and value.
- Expansive Outdoor Living & Entertaining Spaces
Features multiple terraces, a dining terrace, sun deck with outdoor shower, a dedicated studio, vibrant orchard, and a pergola-topped entertaining deck with a full outdoor kitchen and bar, ideal for large-scale entertaining and diverse recreational activities.
- Mid-Century Inspired Architecture & Design
Thoughtfully designed with a blend of contemporary comfort and timeless architectural cues, featuring a sculptural fireplace, clean lines, and a warm aesthetic that appeals to a sophisticated buyer.
CONSRISKS & DEFICIENCIES
- Older Construction (1979)
Built in 1979, the property may require updates or modernization to meet current buyer expectations for systems and finishes, despite its architectural style.
- Potential for Significant Maintenance
The extensive grounds, multiple terraces, and mature landscaping, while a strength, may also represent a significant ongoing maintenance commitment for a new owner.
- High Price Point
With a list price of $3,995,000, the property is positioned at the higher end of the market, which may limit the pool of qualified buyers.
About 2039 N Gramercy Place
A refined and warmly modern residence in the Los Feliz Oaks, this expansive mid-century inspired estate commands sweeping jetliner views across the city. Thoughtfully designed and layered with serene sophistication, the home offers an effortless blend of contemporary comfort and timeless architectural cues. The entry level hosts two generous bedrooms, a classic hall bath, a finished, extra-large storage room, and an additional en-suite bedroom ideal for guests seeking privacy. Ascend to the main living floor, where walls of glass frame uninterrupted vistas and bathe the interiors in luminous natural light. The living room, anchored by a sculptural fireplace, echoes the clean lines and warmth of mid-century design and flows seamlessly into a dining area with custom bay-window seating and statement lighting. Also providing access to an outdoor lounge area. The kitchen features an oversized center island, a breakfast nook, and abundant custom storage, all opening to a cozy family room with city views, a guest bath, and a laundry room. The primary suite functions as a tranquil, hotel-inspired retreat: a fireside sitting area opens directly to the outdoors, while the spa bathroom offers a soaking tub perfectly positioned to capture cinematic views and ethereal light throughout the day. A custom extra-large dressing room with a custom vanity provides a beautifully curated space for wardrobe and accessories. The lower-level garage conversion creates an inspiring studio workspace with bespoke built-ins and accordion glass doors that dissolve the boundary between indoors and out. The grounds unfold across multiple terraces, providing distinct environments for recreation, creativity, and large scale entertaining. A dedicated studio adjacent to the thriving vegetable and herb garden is ideal for pottery, greenhouse use, or children's activities. Additional outdoor amenities include a grassy side yard, a dining terrace, a sun deck with an outdoor shower, and a vibrant orchard woven into the mature hillside landscape. At the estate's uppermost level, a dramatic pergola-topped entertaining deck with a complete outdoor kitchen and bar. This deck showcases unforgettable sunsets and panoramic city views. Privately positioned at the end of a cul-de-sac and elevated well above the street, this exceptional retreat embodies the elegance, privacy, and enduring allure of California living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 13,700 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cheremoya Avenue Elementary School
Grades K-6 • 0.5 mi
Grant Elementary School
Grades K-6 • 0.6 mi
Los Feliz STEMM Magnet
Grades K-6 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 3,858 | 2,357.5 | 84% |
| Lot Size | 13,700 | 6,972.5 | 81% |
| Price | $4.00M | $1.92M | 91% |
| Price per sq ft | $1.0K | $880 | 80% |
| Built year | 1979 | 1950 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 177 | 3% |
Pricing History
Listed for Sale
Jan 21, 2026
$3,995,000
Initial Listing
Sold
Jun 5, 2017
$3,450,000
Public Record
Sold
Jan 28, 2016
$1,500,000
Public Record
Sold
Aug 7, 2015
$1,035,000
Public Record
Sold
Feb 21, 2007
$1,550,000
Public Record












































